British Standards Institution

What British Standards Institution does

British Standards Institution, operating in Iceland as BSI á Íslandi ehf., is the authorized Icelandic representative of BSI Group, the UK's national standards body founded in 1901. The Icelandic entity, established in 2005 with 11-50 employees, provides accredited conformity assessment services including ISO management system certifications (ISO 9001, 14001, 27001, 22000, 45001, 13485, 31000, 22301, 42001), CE marking services as a Notified Body (NB2733 for lifts), and Iceland-specific certifications including ÍST 85 equal pay certification and the VAKINN tourism quality program. The subsidiary holds UKAS accreditation (No. 0823) for calibration services and ISAC accreditation (No. 22) for inspection activities, operating regional ship inspection offices across five Icelandic regions and serving industries including construction, tourism, healthcare, financial services, automotive, and the public sector.

The entity generates revenue through multiple streams: recurring certification audits and surveillance (subscription-like), professional training courses priced at 124,000-216,000 ISK per participant, UKAS-accredited calibration services for measurement equipment, inspection services for ships, electrical installations, lifts, and playgrounds, and gap assessment services. The business model is hybrid, combining enterprise direct sales with regional authorized agent distribution and digital self-serve applications via the bsiaislandi.is website. Customer segments span Icelandic enterprise organizations requiring compliance, product manufacturers seeking European market access, regulated industries, the tourism sector, and Icelandic employers subject to equal pay requirements. BSI á Íslandi operates as part of the broader BSI Group, which has 5,500+ employees, serves 84,000+ management systems customers across 193 countries, and participates in international standards development including co-leading the world's first net-zero standard (ISO 14060) and publishing the first AI audit certification standard (BS ISO/IEC 42006:2025).

BSI Group's product portfolio extends beyond certifications into original standards development, including recent launches of ISO 14001:2026 (environmental management), PAS 2000:2026 (construction safety), and the BS 30480:2025 workplace suicide prevention standard, reflecting a strategy of capturing emerging regulatory and ESG assurance demand. Distribution relies on direct sales teams, professional services delivery through certified auditors and inspectors, training programs across multiple formats, and partnerships with accreditation bodies (UKAS, ISAC) and government agencies.

Name

British Standards Institution

Legal name

BSI á Íslandi ehf.

Website

https://bsiaislandi.is

Company type

Private

Founded year

1901

Operating status

Operating

Headcount range

11–50 employees

Short description

BSI á Íslandi ehf. is the Icelandic subsidiary of BSI Group (UK national standards body, founded 1901), providing accredited ISO certifications, CE marking, inspection, calibration, and training services to Icelandic enterprises across construction, tourism, healthcare, and regulated industries.

Ownership category

akta.pro rank

Product category

Standards Certification & Conformity Assessment Services

NAICS

Testing Laboratories and Services (54138), Testing Laboratories and Services (541380), Building Inspection Services (54135)

SIC

Services-Testing Laboratories (8734), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Witness Audits, Office Assessments & Certification Governance Services (AFALACAG)

akta.pro secondary industry

Weighing Systems / Onboard Scales Calibration & Certification (TLAKANAN)

Keywords

• Standards certification services
• Iso management system certification
• Conformity assessment services
• Inspection calibration services
• Iso training courses

Headquarters

HQ city

Reykjavík

HQ country

Iceland

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Certification Services: Accredited certification services for management system standards including ISO 9001, 14001, 27001, 45001, 22000, 13485, 31000, 22301, and others. Revenue generated from certification audits, assessments, and ongoing surveillance audits.
2. Training Services: Professional training courses for standards implementation, internal auditing, and compliance. BSI Learning offers courses across multiple management system standards.
3. Calibration Services: Accredited calibration services for measurement equipment including weights, scales, heat meters, force transducers, and pressure gauges. UKAS accredited calibration laboratory No. 0823.
4. Inspection Services: Accredited inspection services including ship inspections, electrical inspections, lift inspections, playground inspections, market surveillance for electrical equipment, and quality management system inspections in construction.
5. CE Marking Services: Product testing and conformity assessment services enabling manufacturers to affix CE marking for products entering the European Economic Area.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

BSI á Íslandi ehf. (the Icelandic subsidiary of BSI Group) provides conformity assessment, certification, inspection, testing, and calibration services to organizations requiring compliance with international standards. Core offerings include accredited ISO management system certification (ISO 9001, 14001, 27001, 22000, 45001, 13485, 22301, 42001), CE marking as an EU Notified Body, calibrated measurement services (UKAS accredited No. 0823), accredited inspections for ships, electrical installations, lifts, playgrounds, and construction QMS, plus professional training courses on standards implementation and internal auditing.

Product overview

British Standards Institution (BSI) is a global standards and certification organization founded in 1901, operating in 193 countries with over 5,500 employees. BSI offers a comprehensive portfolio of management system certifications including ISO 9001 (Quality), ISO 14001 (Environmental), ISO 27001 (Information Security), ISO 22000/FSSC 22000 (Food Safety), ISO 45001 (Occupational Health and Safety), ISO 13485 (Medical Devices), ISO 31000 (Risk Management), ISO 22301 (Business Continuity), and ISO 42001 (AI Management). Beyond certifications, BSI provides CE Marking services as a Notified Body, calibration and testing services (UKAS accredited), inspection services for ships, electrical installations, lifts, and playgrounds, national certifications including Iceland's ÍST 85 equal pay and VAKINN tourism standards, and professional training courses. The organization also develops international standards through ISO working groups and publishes Publicly Available Specifications (PAS) for emerging areas.

Differentiator

Problem solved

Functional benefit

Brands

• VAKINN: Quality and environmental certification for Icelandic tourism industry in partnership with the Icelandic Tourist Board.
• Eurogarant
• BSI Learning

Products and services

• ISO 9001 Quality Management System Certification Quality Management System certification providing a framework for achieving operational excellence through systematic continuous improvement. The most popular business-operations standard worldwide.
• ISO 14001 Environmental Management System Certification Environmental Management System certification helping organizations improve environmental performance, minimize impact, and comply with regulations; current certifies more than 670,000 organizations worldwide.
• ISO 27001 Information Security Management System Certification Information Security Management System certification providing a systematic approach to managing sensitive company information through people, processes, and IT systems.
• ISO 22000 Food Safety Management System Certification Food Safety Management System certification for organizations in the entire food chain including feed production, food processing, transportation, and retail.
• ISO 45001 Occupational Health and Safety Management Certification Health and Safety Management System certification helping organizations provide safe and healthy workplaces by preventing work-related injury and ill health.
• ISO 13485 Medical Devices Quality Management Certification Quality Management System certification for medical device manufacturers seeking to market products in Europe, based on ISO 9001 principles.
• ISO 31000 Risk Management Alignment Risk management guidelines providing principles, framework, and process for managing risk. Used to assess organizational risk frameworks against international guidelines.
• ISO 22301 Business Continuity Management Certification Business Continuity Management System certification enabling organizations to identify threats to operations, respond effectively, and plan for continued operations during disruptions.
• ISO 42001 Artificial Intelligence Management Certification International standard certification helping organizations establish, implement, maintain, and continuously improve AI management systems with oversight of AI quality, security, and transparency.
• CE Marking Services Conformité Européenne marking services enabling products to meet EU health, safety, and environmental requirements for market access; BSI acts as a Notified Body for relevant directives.
• ÍST 85 Equal Pay Certification Icelandic equal pay standard certification for gender pay equality, involving professional audits on salaries, job classification, and other factors affecting pay conditions. BSI has been pioneering this certification in Iceland since 2013.
• VAKINN Tourism Quality and Environmental Certification Quality and environmental certification for Icelandic tourism operators in partnership with the Icelandic Tourist Board, promoting safety, quality awareness, and continuous improvement.
• Eurogarant Vehicle Workshop Quality Certification Quality certification network for repair and painting workshops across Europe. BSI Iceland conducts audits on equipment, facilities, and workmanship against the standard.
• Calibration Services Accredited calibration services for measurement equipment including weights, force gauges, pressure gauges, scales, multifunction instruments, and temperature meters. UKAS accreditation No. 0823.
• Ship Inspection Services Comprehensive ship inspection services covering equipment, engine, shaft and steering, hull, crane, electrical, and communications inspections across all Icelandic waters.
• Electrical Inspection Services Accredited inspection services for electrical installations, power facilities, and safety management systems of electrical contractors and suppliers, with market surveillance for electrical products.
• Lift Inspection Services Final inspection services for lifts as a Notified Body (No. 2733) under the Lifts Directive 2014/33/EU, ensuring compliance with health and safety requirements before commissioning.
• Playground Inspection Services Annual main inspection services for playgrounds ensuring compliance with safety standards.
• Weight and Measure Certification Services Certification services for scales, electricity meters, and water/heat meters under Icelandic law, with accreditation for weights, scales, and temperature meters.
• GAP Analysis (Management System Gap Assessment) Gap assessment service evaluating current management systems against standard requirements, identifying areas for improvement before certification audits.
• Professional Training Courses (BSI Learning) Expert training courses covering implementation, internal auditing, and compliance for various ISO standards (ISO 9001, 14001, 27001, 45001, 22000, 13485, 31000, 22301) and the ÍST 85 equal pay standard.
• BS ISO/IEC 42006:2025 AI Audit Body Standard Standards publication: the first global standard for assessing bodies conducting AI audits and certifications, establishing competency framework for AI auditors and methodology for certifying bodies.
• PAS 2000:2026 Construction Code of Practice Standards publication providing framework for manufacturers, specifiers, testers, and procurers to demonstrate products are safe for intended uses in construction; developed in response to Grenfell Tower Inquiry.

Quantifiable outcome

• 670,000+ organizations worldwide certified to ISO 14001 environmental management standard
• +2 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• UKAS (United Kingdom Accreditation Service)coreTechnology or IntegrationBSI á Íslandi holds UKAS accreditation (No. 0823) as a calibration laboratory for weights, scales, and heat meters. BSI Group UK also holds UKAS accreditation (No. 0003) for Product Certification and Management Systems.
• ISAC (Faggildingarsvið Hugverkastofunnar)coreTechnology or IntegrationBSI á Íslandi holds ISAC accreditation (No. 22) as an inspection body for lifts, playground inspections, ship inspections, electrical inspections, market surveillance, and quality management systems in construction.
• BSI GroupcoreStrategic or Co-development PartnerBSI á Íslandi ehf is the authorized agent of BSI Group (British Standards Institution) in Iceland, representing the global standards and certification organization.
• National Physical Laboratory (NPL)coreStrategic or Co-development PartnerNPL leads the £10 million National Quantum Standards Network (QSN) with BSI as a strategic partner. QSN coordinates quantum technology standards across government, industry, and academia, backed by £10m government funding from DSIT.
• ICONTEC (Colombia)coreStrategic or Co-development PartnerBSI co-leads the ISO 14060 net-zero standard development with ICONTEC from Colombia. ISO 14060 is the world's first international independently verifiable standard for net-zero transition plans, developed through the largest ISO working group representing 177 national standards bodies.
• WRAP (Waste and Resources Action Programme)minorStrategic or Co-development PartnerBSI developed PAS 108 specification for tyre bales in collaboration with WRAP. The specification establishes technical standards for producing compact tyre bales from end-of-life tyres for civil engineering applications.
• European Coordination of Notified Bodies for LiftsminorStrategic or Co-development PartnerBSI á Íslandi is a member of this European coordination group for notified bodies for lifts, facilitating information exchange and harmonization of lift inspection practices across Europe.
• RochecoreStrategic or Co-development PartnerBSI developed PAS 2090, an industry-first harmonized framework for product life cycle assessments, in partnership with Roche and six other pharmaceutical companies. The framework supports the Sustainable Markets Initiative Health Systems Task Force.
• National Cyber Security Centre (NCSC)coreTechnology or IntegrationNCSC is a strategic partner in the National Quantum Standards Network (QSN) alongside BSI, NPL, UKRI's NQCC, and UKQuantum to oversee standards ranging from laser linewidths to energy efficiency and security requirements for quantum technologies.
• UKRI National Quantum Computing Centre (NQCC)coreTechnology or IntegrationNQCC is a strategic partner in the National Quantum Standards Network (QSN) working with BSI to establish technical and cybersecurity standards for quantum computing technologies.
• UKQuantumcoreTechnology or IntegrationUKQuantum is a strategic partner in the National Quantum Standards Network (QSN) alongside BSI, NPL, NQCC, and NCSC, to oversee quantum sector standards including laser linewidths, energy efficiency, and security requirements.

Scale indicators6 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• DNV: Norwegian-headquartered TIC and maritime classification society with strong certification, inspection, and digital assurance offerings. Overlaps with BSI on ISO certification and ships/maritime inspection.
• SGS: Swiss-based global TIC leader providing testing, inspection, certification, and verification across industries. Overlaps directly with BSI's ISO certification, product testing, and calibration services.
• Bureau Veritas: Paris-headquartered global TIC company offering certification, inspection, testing, and marine services. Directly comparable to BSI across ISO management system certification, CE marking, and industrial inspection.
• Applus+: Spanish-headquartered global TIC firm with strong presence in inspection, testing, and certification for industrial and energy sectors. Comparable to BSI on ISO certification, NDT, and regulated industry inspection.
• Intertek: British-headquartered global TIC company providing testing, inspection, and certification services across industries. Directly comparable to BSI on quality, safety, and sustainability certification.
• Kiwa: Dutch-headquartered TIC firm with strong European presence in testing, inspection, and certification (including water, energy, fire safety). Directly comparable to BSI on ISO certification and inspection.
• TÜV SÜD: German TIC company providing testing, certification, auditing, and training services, including ISO management system certification, product certification, and CE marking. Directly comparable to BSI's core offerings.
• DEKRA: German TIC company providing testing, inspection, and certification services, with strong automotive and product safety expertise. Overlaps with BSI on CE marking, ISO certification, and inspection services.

Broad incumbents

• Lloyd's Register: British classification society and broader assurance provider spanning marine, energy, and digital assurance. Comparable to BSI in ship inspection, ISO certification, and engineering advisory, though with a stronger maritime pedigree.
• Eurofins Scientific: Luxembourg-based testing services group with strong food, environmental, and life-sciences testing. Overlaps with BSI on accredited testing and product certification, though more focused on laboratory testing than management system certification.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/bsiaislandi
• LinkedInlinkedin.com/company/bsi-islandi

Compliance23 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about British Standards Institution